Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.095%
Price spread now: edgeX against Hyperliquid+0.040%106s7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.215% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.040%, 7d avg −0.077%
=Together, before fees−0.422%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.117% dearer against Hyperliquid than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.077%. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5369 | 0.0100 | pay 0.0013% / 1h | 53m 45s | $299.6M | $266.5M | 20x |
| Short | edgeX XRPUSDC | 1.5375 | 0.0100 | get 0.0050% / 4h | 1h 53m | $668K | $109.5M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.040% → −0.077%
- $11.7
- Slippage, 4 orders
- −$3.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.83
- Costs to cover
- 0.215%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; edgeX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 3 min ago | 0.32 bp | 5.4 bp −$5 | 7.0 bp −$70 | 12.7 bp −$1,270 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.98 bp | 5.5 bp −$5 | 5.6 bp −$56 | 8.8 bp −$878 | doesn't fit |
XRP on 50 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5403 | +0.221% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5356 | −0.085% | $14.1M | $71.6M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5362 | −0.048% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5359 | −0.065% | $7.8M | $21.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5353 | −0.106% | $245K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0016% | 1h | 1.5360 | −0.059% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.243% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0060% | 1h | 1.5356 | −0.085% | $30K | $1.5M | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5356 | −0.085% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5361 | −0.052% | $600K | $3.1M | 20x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5358 | −0.069% | $479K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5359 | −0.065% | $9K | $400K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5359 | −0.062% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRPlong | +0.0100% | 1h | 1.5369 | long leg | $299.6M | $266.5M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5356 | −0.085% | $39.4M | $81.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5358 | −0.072% | $594K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5354 | −0.099% | $535.6M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5357 | −0.078% | $363.9M | $890.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5355 | −0.091% | $124.8M | $838.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5365 | −0.026% | $565K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5366 | −0.020% | $165K | $684K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5379 | +0.065% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5369 | 0.000% | $383.6M | $155.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5356 | −0.085% | $313.6M | $887.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5357 | −0.077% | $106.8M | $181.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5356 | −0.085% | $272.5M | $357.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5366 | −0.020% | — | $103.5M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5365 | −0.026% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5375 | +0.036% | $5.0M | $38.4M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5375 | +0.040% | $668K | $109.5M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5385 | +0.107% | $1.1M | $30.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.241% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5364 | −0.034% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5360 | −0.059% | $53K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5353 | −0.102% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5352 | −0.111% | $84K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5368 | −0.005% | $129K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5347 | −0.141% | $50.0M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5357 | −0.078% | $54.7M | $33.2M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5363 | −0.036% | $2.2M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5349 | −0.133% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5359 | −0.065% | $5.5M | $44.6M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5373 | +0.026% | $17K | $76K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0140% | 8h | 1.5369 | 0.000% | $1.9M | $34.9M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0201% / S −0.0540% | 1h | 1.5353 | −0.103% | $806K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5361 | −0.052% | $23.9M | $78.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5355 | −0.091% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5366 | −0.021% | $514K | $739K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0432% | 1h | 1.5387 | +0.115% | $3K | $13K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5390 | +0.137% | $69K | $108K | 15x | as long as short |
Hyperliquid XRP
edgeX XRPUSDC
Kraken Futures PF_XRPUSD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Backpack XRP_USDC_PERP
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP